Understanding labour market developments in New Zealand, 1986-2017

理解新西兰的劳动力市场发展,1986-2017

2019/05/09 10:52
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对照中文英文原文
尽管人口老龄化,新西兰的劳动力总参与率自1993年以来稳步上升。

In this paper we document longer-term trends in the New Zealand labour market using unit-record data from the Household Labour Force Survey (HLFS) and HLFS-Income Supplement. We focus on analysing the factors behind the large increases in labour force participation over 1986-2017, as well as on decomposing wage growth into contributions from continuing workers versus compositional effects associated with flows into and out of employment.

在本文中,我们使用来自家庭劳动力调查(HLFS)和HLFS-收入补充的单位记录数据记录了新西兰劳动力市场的长期趋势。我们的重点是分析1986 - 2017年劳动力参与率大幅增加背后的因素,以及将工资增长分解为持续工人的贡献与流入和流出就业相关的成分效应。

New Zealand’s aggregate labour force participation rate has steadily trended up since 1993, despite an aging population. The dampening effect from population aging has been more than offset by increasing participation among older workers, with the participation rate of those aged 55 and over increasing from around 20 percent to 50 percent. We find that increased participation among prime-age females also contributed significantly to the increase in aggregate labour force participation. Further, rising levels of education over time are estimated to have boosted participation across demographics.

尽管人口老龄化,新西兰的劳动力总参与率自1993年以来稳步上升。人口老龄化带来的抑制效应已经被老年工人的参与度增加所抵消,55岁及以上人口的参与率从大约20%增加到50%。我们发现,黄金年龄女性的参与度增加也对总体劳动力参与率的增加做出了重大贡献。此外,随着时间的推移,教育水平的提高估计会增加人口统计学的参与度。

Inflation adjusted wages grew by about 1.5 percent annually on average over the period from 1997 to 2015. Net employment growth over the period has tended to restrict average wage growth. Average wage growth has been lower since 2008 than before, suggesting weaker economy-wide wage pressure. This is mainly due to lower wage growth among continuing workers rather than compositional changes in employment, perhaps due to firms cutting costs and loss of worker bargaining power.

1997年至2015年期间,通货膨胀调整工资平均每年增长约1.5%。这一时期的净就业增长趋于限制平均工资增长。自2008年以来,平均工资增长率一直低于以往,表明整个经济体的工资压力较弱。这主要是由于持续工人的工资增长率较低而不是就业的成分变化,这可能是由于企业削减成本和丧失工人讨价还价能力。

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